Fitch says insurer solvency rebound does not make them safer
Rating agency Fitch has claimed that a rebound in the solvency ratios of European insurers reflects the recovery in sovereign bond markets, rather than any underlying improvement to insurers' balance sheets.
The company insisted that insurers targeting high investment-grade ratings must improve the quality of the capital they hold to reduce volatility in their solvency ratios.
Fitch said: "Insurers
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